5 Reasons to Have a Savings Account

Posted on Tuesday, February 22nd, 2022 | By IndusInd Bank

What is a savings account? A secure place for your additional funds? A way to earn more interest? Or a convenient deposit for your emergency needs? Well, a savings account is all that and so much more. Whether you are a working individual or not, opening a savings account can be your first step towards financial independence.

With IndusInd Bank as your savings account partner, you can effortlessly cater to all your diverse financial needs. With us, you can open an account online safely and swiftly, either individually or opt for a joint bank account, and begin your financial independence journey. After all, a deposit account is the best way to enjoy maximum savings with convenience.

Not sure why? Well, here are five reasons to open a savings account.

1. Save to Meet Your Financial Goals

Always dreamt of buying your favourite car? Want to remodel your kitchen? Or planning a much-needed vacation with family? Well, with substantial enough savings, you can fulfil all your financial goals without any hiccups. Joint savings accountat IndusInd Bank allows you and your partner to keep your surplus money secure for all your goals. It is a safe place to manage your household expenses and plan your future investments.

And the best part? You can open a savings account online right from the comfort of your home! Moreover, with regular interest on your savings, your Indus Partner Savings account will also help you generate additional income on your extra funds.

2. High Liquidity

In case of an emergency, instant availability of finances becomes a necessity. And nothing can beat a savings account when it comes to liquidity. With it, you can withdraw money on the go, anywhere and anytime.

To add to that convenience, our IndusInd Bank partner savings account allows you to make unlimited withdrawals from any bank ATM across India. In addition, you can also enjoy an internet banking facility, check your account details, or keep an eye on your transactions through the mobile app.

3. Exciting Offers

Today, a savings account isn’t just a parking space for your idle money. With an IndusInd Bank debit card, which comes with your savings account, you can avail of a range of discount offers on shopping, dining, groceries, movies, and more.

This makes opening a savings account all the more lucrative.

4. Seamlessly Send and Receive Payments

Gone are the days when you had to withdraw cash to make payments. Now with the availability of net banking, you can easily transfer or receive funds through IMPS, NEFT, or RTGS via your savings account. Further, you can easily shop online, buy groceries, or pay at a retail store, movie theatre, gas station, and more – all through your IndusInd Bank savings account. Convenient, isn’t it?

Moreover, a savings account allows you can also deposit or issue any number of cheques for quick payments, making money management hassle-free

5. Avail Added Services

To offer more convenience to the account holders, many savings accounts come with a host of added services and benefits, like a passbook facility, mobile banking, or chequebook facility, instant debit cards, etc.

What’s more, with our Indus Partner Savings Account, you also get insurance cover, locker facility, free zero balance account for your family members, and much more.

Parting Thoughts

Don’t just settle; ask for more! For most people, a savings account is their go-to banking tool. And that’s why, at IndusInd Bank, we bring you a wide range of quick, convenient savings account options, all tuned in to your needs.

Open a partner savings account with us and enjoy a valuable banking experience. Visit our website today for more info!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.